If British Telecom (BT) own the phone lines, how can other Internet companies provide cheaper rates when they need to rent the line from BT? Location: UK

Question

If British Telecom (BT) own the phone lines, how can other Internet companies provide cheaper rates when they need to rent the line from BT? Location: UK

In: Other

Answer 1

Mergers and deals. The CEO of Telus (huge player in Canada) basically learned everything in the UK and merged a bunch of companies in his time there. That’s why you’ve got what you have now and we’ve got him here making 500M a year. He also buddied up with his friends from that time and they’re in Canada too. The UK was basically the training ground for Canada’s telecom monopoly.